# 325 Lexington Avenue, Manhattan

Condominium · 125 units · built 2013 · Block 894, Lot 7504.

On Umarelli: https://umarelli.org/nyc/1008947504/325-lexington-avenue

More construction in Murray Hill: https://umarelli.org/nyc/manhattan/murray-hill.md

Every lot on block 894: https://umarelli.org/nyc/manhattan/894.md

## Building permits

- Alteration, filed Jun 25, 2024, described as “Installation of temporary suspended scaffold equipment.”
- Alteration, filed Dec 21, 2023, described as “Suspended scaffold application (CD5) Renewal”
- Alteration, filed Jul 25, 2023, estimated cost $94K, described as “Limited fisp repairs - concrete repairs, sealant repairs, coating repairs. No change in use, egress or occupancy.”
- Alteration, filed May 11, 2023, estimated cost $5K, described as “Installation of 300PSF sidewalk shed as per plans. Sidewalk shed shall comply with chapter #33 of the NYC building code 2022. No change in use, occupancy, or egress under this application.”
- Alteration, filed Nov 10, 2022, estimated cost $5K, described as “Concrete stair repair & limited FISP repairs. No change in use, egress or occupancy.”
- Alteration, filed Jan 18, 2022, estimated cost $20K, described as “Minor interior work in unit 29A only. No change in use, egress or certificate of occupancy under this application.”

## Property taxes

- Assessment: $15,122,255
- 2026–27 tax: $1,626,399
- Market value (city estimate): $33,604,998
- Taxable value: $14,220,479
- Assessed land: $724,956
- Assessed improvements: $14,397,299
- Condo units with their own tax lots: 126

## Tax breaks

- Co-op and condo abatement, with no end date, a $124,309 credit this tax year.

## Zoning

R10: floor area ratio 24.91 built, above the 10.00 base zoning allows, which bonuses, transfers or older rules can permit.

## Recent sales

- Sep 9, 2026: $990,000, Apt 11B
- Aug 21, 2026: $875,000, Apt 15C
- Jun 11, 2026: $1,040,000, Apt 14E
- Jun 11, 2026: $2,250,000, Apt 22C
- May 1, 2026: $1,235,000, Apt 26B
- Jan 15, 2026: $1,210,000, Apt 20B
- Dec 18, 2025: $1,210,000, Apt 27D
- Oct 9, 2025: $6,650,000, Unit RET
- May 7, 2025: $1,340,000, Apt 18D
- Mar 19, 2025: $1,250,000, Apt 21B

The 10 most recent of 55 open-market sales since 2016, from the Department of Finance’s sales files.

## Flood zone

Current FEMA flood map: zone X, minimal flood hazard.

From New York City and Jersey City public records, refreshed within a day of each release. Sources: https://umarelli.org/sources. Methodology and corrections: https://umarelli.org/methodology